Author: Yeek.io

This week, two Swedish lawmakers urged the country’s finance minister to consider adding Bitcoin to Sweden’s reserves. Sweden Democrat Member of the Riksdag Dennis Dioukarev and MP Rickard Nordin have issued open letters to Finance Minister Elisabeth Svantesson, pushing for a national strategy that embraces Bitcoin as part of the country’s future financial planning. Dioukarev’s letter, submitted on April 14, proposed that Sweden begin accumulating Bitcoin using confiscated crypto assets. He pointed to similar efforts in other countries, notably the United States, which recently launched a national Bitcoin reserve funded through seized funds.  “This is a trend seen in many…

Homepage > News > Business > The deepfake dilemma: Can blockchain restore truth? In an era where seeing is no longer believing, the rise of deepfake technology has ushered in a crisis of truth. From fabricated political speeches to fraudulent artificial intelligence (AI)-generated identities, digital deception has become a pervasive force threatening trust in media, governance, and human interactions. Every day, more convincing deepfake videos, altered images, and synthetic audio clips flood the Internet, making it nearly impossible to discern fact from fiction. The consequences are dire. Fake narratives sway elections, businesses suffer reputation attacks, and individuals fall victim to…

Spot Bitcoin ETFs in the U.S. saw a return to inflows on April 14 as investor sentiment picked up after the government rolled back tariffs on Chinese tech products like smartphones and computers. According to SoSoValue data, the 12 spot Bitcoin ETFs brought in a modest $1.47 million in net inflows on Monday, breaking a seven-day outflow streak that saw $878 million pulled out. BlackRock’s IBIT led the gains with $36.72 million in inflows, but Fidelity’s FBTC offset most of that by seeing $35.25 million in outflows. The other ETFs had pretty quiet trading days. The overall daily trading volume…

In a powerful testament to this momentum, Hugging Face, one of the world’s leading open-source AI platforms, has acquired Pollen Robotics, a French startup specializing in modular humanoid robots. Though the acquisition amount remains undisclosed, the move is a significant one—not just in business terms, but also symbolically—as Hugging Face circles back to its French origins while reinforcing its global expansion in robotics and AI. France is rapidly establishing itself as one of the most dynamic AI ecosystems in Europe. Once overshadowed by Silicon Valley and London’s tech dominance, France is now emerging as a powerhouse—driven by a potent mix…

The governor of the Northern Mariana Islands, a small Pacific US territory just north of Guam, has killed the legislation that would have allowed one of the territory’s local governments to launch a fully backed US dollar-pegged stablecoin.In an April 11 letter seen by Cointelegraph, Northern Mariana Islands Governor Arnold Palacios said he vetoed the bill as it “presents several legal issues and may be unconstitutional.”Palacios’ letter said the bill, which largely dealt with issuing licenses to internet casinos, would regulate an activity that could not “be clearly restricted” to Tinian, a small island forming part of the territory that…

The total size of the crypto lending market fell to $36.5 billion in Q4 2024, down more than 40% from its all-time high in late 2021. The crypto lending market remained far from its former highs at the end of Q4 2024, with analysts at Galaxy Digital estimating total loans outstanding at $36.5 billion, well below the $64.4 billion peak seen in late 2021. In a research report on April 14, Galaxy attributed the decline to the “decimation of lenders on the supply side, and funds, individuals, and corporate entities on the demand side.” The state of CeFi lending market…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the approval of staking for Ethereum ETFs from asset manager Grayscale. This setback comes as the SEC awaits the confirmation of pro-crypto commissioner Paul Atkins, whose appointment has yet to be finalized. SEC Postpones Staking Approval On Ethereum ETFs On February 14, 2025, NYSE Arca, Inc. submitted a proposed rule change to the SEC, seeking to amend the listing and trading rules for Grayscale’s Ethereum Trust ETF and Grayscale Ethereum Mini Trust…

Decentralized exchange KiloEX suspended its platform Tuesday after hackers drained $7.5m, marking the latest security breach in the area of decentralized finance.In an announcement on April 14 via X, KiloEX confirmed it had halted operations immediately after detecting the exploit. The team said it contained the breach and launched an investigation alongside leading blockchain security companies.“The exploit has been contained. The team has immediately suspended platform usage and is working with security partners to trace the flow of funds,” the statement read. The exchange added it would soon launch a bounty program, offering rewards for assistance in recovering stolen assets.…

PEPE’s October rally remains one of its most notable price movements, representing a 227% hike in price To determine if PEPE is positioned for a similar rally, its current technical setup is worth analyzing In a recent market commentary, analysts hinted at the possibility of a 100% upside in Pepe [PEPE], drawing parallels with its October breakout pattern.  Notably, 2024 marked a breakout year for the memecoin, after it posted remarkable 1,435% year-over-year gains – Surging from its New Year opening price of $0.0000013. By doing so, it closed the year with exponential returns. At press time, however, PEPE was…

Homepage > News > Business > AI could widen disparities for Global South, UN warns Artificial intelligence (AI) is projected to become a $4.8 trillion market within the next decade, but it might only benefit a few and widen inequalities for the Global South, the United Nations warns. In a recent report, the UN Conference on Trade and Development (UNCTAD) revealed that despite AI’s meteoric rise, its advancement and control are still held in the hands of a few elites. It noted that 100 companies, most of whom are based in China or the United States, have made 40% of…